UBIK Solutions selected for the Estonian Final of the PowerUP! Competition
Tehnopol, regional organizer of InnoEnergy's PowerUp! Competition, has recently announced that UBIK Solutions has been selected to present the OPTIVERTERⓇ technology at the Estonian Final of the contest, intermediate stage in the way to the Regional Final to be held in Budapest in November.
The PowerUP! Competition is the biggest regional competition for energy start-ups in central and eastern Europe (CEE), launched by continent’s largest sustainable energy accelerator, InnoEnergy. The competition looks for for start-ups working in one of the company's eight areas of focus:
· Renewable energy
· Smart electric grid
· Electricity storage
· Smart and efficient building and cities
· Energy efficiency
· Clean coal technologies
· Energy from chemicals fuels
· Sustainable nuclear and renewable convergence
With this competition, Innoenergy is offering the opportunity to take part in its flagship Highway programme, which offers support worth €150k to the most promising sustainable energy start-ups, along with three cash prizes of up to €20k.
After successfully passing Stage I (applications round), and prior to participate in the National Final, UBIK Solutions will attend the bootcamp workshops organized by Tehnopol, intended to hone our ideas and develop skills to accelerate our businesses towards commercialization. They will include professional mentoring given by Petri Kajander (business coaching) and Gleb Maltsev (pitching training).
Only 15 start-ups will advance to the grand final in Budapest in November to battle for the top cash prize of €20k and the opportunity to join InnoEnergy’s exclusive Highway programme. The Highway is a unique accelerator programme worth up for €150k for early stage start-ups with a time to market of less than two years.
Jakub Miller, CEO of InnoEnergy Poland Plus, says:
“CEE has huge innovation potential and we’re on a mission to realise that. We want to find the biggest, best and brightest innovations that can make Europe’s sustainable energy future a reality. By offering them bootcamp workshops, professional mentoring, and business and financial support we hope to empower these companies to make a real difference to CEE’s economy.”
The Estonian Final will be held on October 31st, where UBIK Solutions will pitch its disruptive proposal to a panel of CEE industry, start-up and energy experts.